Saturday, August 26

Bank Nifty ready for Big move as per time cycle

As discussed in Last Analysis   Bank Nifty opened gap up above 24000,hitting stop loss for traders who were short and once 24260 crossed rallied back to 24350 and holding 24260 can rally towards 24470 which is our vedic number which has given very good trades in this month. Bearish below 24100 for a move towards 23900/23755. 24 Aug is again a time cycle date so trade cautiously. High made was 24411 and closed above 24260 so bulls are having upper hand, 26 is time cycle date of bank nifty effect of which will be seen on Monday, Bearish below 24200 for a move towards 23955/23860/23755. Bullish above 24480 for a move towards 24682/24800.   How to deal with Trading Losses
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